Displaying all content tagged with the region Asia.
1984 Posts located
1984 Posts located
Along with commercial banks, capital markets are an integral part of the financial systems in most capitalist economies, and their relative importance is constantly increasing. Countries around the world are…
Central banks have two responsibilities: (1) stabilize the value of the currency and (2) maintain public confidence in deposit money by limiting systemic risk. The first responsibility is primary, ongoing,…
In the unfolding process of the Korean financial crisis in 1997, an inefficient corporate bankruptcy system played a damaging role in the Korean economy. Before the crisis, in 1996 and…
Although Korea has seen its economic growth rates come down from the stratospheric heights of previous decades, it remains, by any advanced-country yardstick, a successful economic performer. Korea’s real GDP…
Since the death of Kim Il-sung in 1994 there have been numerous predictions that the collapse of the North Korean political system would be imminent, yet the Kim dynasty continues…
In February 2014, the United Nations' special Commission of Inquiry on on Human Rights in the Democratic People’s Republic of Korea (DPRK) launched their report, laying out more than 400…
Starting from the period after the Korean War and continuing today, more than 100,000 Korean children were adopted around the world. As they get older, many of them decide to…
Much has been said about the power of outside information – news, weather, and even soap operas – to influence the North Korean public. But a new report takes a…
What Happened In 2019, Korean Internet Service Provider (ISP) SK Broadband claimed that heavy data usage by the U.S. streaming service Netflix posed a major financial burden and sought government arbitration. Local online platforms have also complained of reverse discrimination as domestic platforms pay substantially more in network usage fees than foreign ones. In response to a new law…
What Happened As vaccines begin wider distribution in Korea, the digitally literate youth are at a significant advantage in finding appointments over the elderly who are at a greater risk of infection. Police reported that social media users admitted to using tools like automated keystroke sequences to increase their chances of finding vaccine appointments. Vaccine scarcity and the zeal of…
As a result of more South Koreans choosing to stay at home since the start of the pandemic, Netflix saw its subscribers soar in the country. This rise in demand has prompted the streaming giant to invest USD 500 million in creating new Korean content and cement its position as a leader in the Korean streaming market.…
What Happened Lawmakers have proposed two new bills to ban the discrimination of individuals based on gender, ethnicity, age, and other identities. A petition calling for the bill to be brought to the National Assembly’s Legislation and Judiciary Committee has gained traction, receiving over 100,000 signatures within 30 days. Even with overwhelming support from the public, anti-discrimination laws have…